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Thomas Ly

Real Broker

tom289broker@gmail.com +1(626) 789-4261

$ 2,390,000

Est. payment -/mo

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New

1251 S Wilton PL Los Angeles, CA 90019

9 Beds

8 Baths

5,634 SqFt

UPDATED:

02/24/2025 10:30 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,634 sqft

Price per Sqft $424

MLS Listing ID 25501581

Bedrooms 9

HOA Y/N No

Year Built 1934

Lot Size 10,493 Sqft

Property Description

Welcome to this charming 8-unit apartment building, featuring classic Spanish-style architecture in the coveted Country Club Park neighborhood. Nestled amidst tranquil single-family homes, this impeccably managed property offers a serene setting, gated off at Pico Boulevard. Built in 1934 on a generous 10,491 sqft lot, this property presents significant income potential, with rents currently below market value. It consists of eight units (seven 1-bed/1-bath units and one 2-bed/1-bath unit), generating a total monthly income of $13,183. Additionally, six out of seven garages provide extra rental income opportunities. Recent enhancements include newly landscaped gardens with lush turf, rose trees, and fresh greenery, as well as newly applied exterior paint. The property also boasts upgraded garages, driveways, and a modern surveillance system. Each unit is separately metered for gas and electricity. One unit has been tastefully remodeled with new appliances. The property passed its housing inspection in October 2023 and offers easy access to the 10 Freeway, Mid-Wilshire, Koreatown, and Downtown LA. Fully leased with stable income and strong future potential, this investment opportunity is not to be missed. Two units will be delivered vacant at close of escrow (C.O.E.). Please refrain from entering the property or disturbing the occupants.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAC4

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry None

Exterior

Parking Features Garage

Garage Spaces 7.0

Garage Description 7.0

Pool None

Community Features Gated

Total Parking Spaces 7

Private Pool No

Building

Story 2

Entry Level Two

Architectural Style Spanish

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5081023011

Security Features Gated Community,Smoke Detector(s)

Special Listing Condition Standard

Listed by Ki Seon Im • Ivy Realty Co.

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(626) 789-4261

tom289broker@gmail.com

110 E Wilshire Ave, Suite G1, Fullerton, United States